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Netflix Defends The Reckoning After Sean Combs Calls Doc Illegal

Netflix defended its docuseries Sean Combs: The Reckoning after a spokesperson for the music mogul labeled the project “illegal.” “The claims being made about Sean Combs: The Reckoning are false. The project has no ties to any past conversations between Sean Combs and Netflix,” a Netflix spokesperson told Us Weekly in a Tuesday, December 2, … Read more

Diddy Screams at Lawyer in Sean Combs: The Reckoning Doc Trailer

Netflix dropped the full trailer for its upcoming Sean “Diddy” Combs docuseries, Sean Combs: The Reckoning, on Monday, December 1. The 56-second teaser opens with never-before-seen footage of Diddy, 56, on the phone with his lawyer in a New York City hotel room on September 10, 2024, just six days before his arrest on federal … Read more

The analyst who once predicted the ‘end of capitalism’ sees Zohran Mamdani’s election as a ‘day of reckoning coming in’—and corporates only have themselves to blame

Albert Edwards, the long-standing strategist at Société Générale known for offering the “alternative view” within the institution, believes the recent political success of figures like Zohran Mamdani signal the corporate sector’s self-inflicted backlash against “greedflation.” Edwards, whose career in finance dates back to 1982 and who hasn’t been aligned with the “house view” of his … Read more

Already facing a student loan ‘financial reckoning,’ Trump’s changes to graduate students loans could make Gen Z’s diplomas a pricier gamble

Young professionals are facing a perfect storm of financial burdens: student debt, stagnant wages, and a shaky job market. Now, sweeping changes signed into law by President Donald Trump threaten to make graduate degrees—a traditional path to higher earnings and stability—an even riskier bet. At the center of the overhaul enshrined in the One Big … Read more

The Global Car Reckoning Is Here. Far Too Many Auto Companies Don’t Have a Plan

On a drab, overcast March day in Amsterdam in 2022, Stellantis CEO Carlos Tavares took off his face mask and strode onto a makeshift stage to confidently explain to a crowd of journalists and analysts how the company that had recently unified brands as diverse as Fiat, Peugeot, Maserati, Ram, and Opel was going to … Read more

Investing in Space: NASA’s months of reckoning

CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Sign up to receive future editions. Overview: HEADLINE For half a year now, NASA’s been weathering a storm on every front, from its budget to its chain of command and potential program terminations. Employee uproar was … Read more

BYD unleashes an EV industry reckoning that alarms Beijing

The price war engulfing China’s electric vehicle industry has sent share prices tumbling and prompted an unusual level of intervention from Beijing. The shakeout may just be getting started. For all the Chinese government’s efforts to prevent price cuts by market leader BYD Co. from turning into a vicious spiral, analysts say a combination of … Read more

Frontier Airlines (ULCC) Soars as Budget Carriers Face a Reckoning: What Traders Need to Know

As of this writing, Frontier Group Holdings Inc. (NASDAQ: ULCC) is one of the top performers in the market, surging 8.18% to $3.63 per share. This eye-catching move comes amid a Bloomberg report highlighting a seismic shift in the airline industry: Americans are growing weary of ultra-low-cost carriers (ULCCs) like Frontier, pushing the sector into … Read more

Mark Zuckerberg says college isn’t preparing students for today’s job market—this and the debt burden will create a ‘reckoning’ for higher education

Mark Zuckerberg is one of a handful of famous billionaires who dropped out of college, yet he’s still an advocate of higher education. That being said, the Meta founder backed college as an opportunity for life experience as opposed to career prospects. Speaking to the This Past Weekend podcast with Theo Von in an episode … Read more

History suggests a tariff-induced downturn may cause a reckoning in the venture capital industry

There’s a mantra you learn about as a business journalist—follow the money. It’s a mantra that feels especially important right now, with tariffs expected to go into effect tomorrow. The Nasdaq Composite has been teetering toward bear market territory for the first time since 2022 as companies gear up for sudden spikes in the costs … Read more

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